Update 8/2/26: Readers notice a $3.99 monthly subscription plan for Plynk Premium which pays out 50%/$500 instead of the regular 25%/$250. Seems like this could be a good deal, hopefully it lasts for a while. (Premium also offers .5% increase in their regular interest rate; I believe that the 25%/50% is only for money in the brokerage so won’t stack, but the membership fee should still be worth it to get the extra $250/yr if you keep your stocks or SGOV with Plynk.)
Original Post 6/3/26:
The Offer
- Plynk brokerage offers a 25% bonus on the dividends earned from your brokerage portfolio held with Plynk.
- Max annual bonus is $250 (if you earn $1,000 in dividends or more).
Our Verdict
It used to be possible to get a portal bonus when signing up for Plynk, though nothing is available at the moment. $250 isn’t great, but the upside is that it sounds like this might be an open-ended promotion without a planned end-date. (Of course they can end it at any time.) And so I can see someone keeping some brokerage money with Plynk for the recurring $250 bonus.
It should also be possible to ACATS transfer SGOV (or deposit cash and buy SGOV) and get a bonus on the funds.
Regardless if you have SGOV or regular funds/ETFs, you’ll need to earn $1,000 in dividends annually to max out the $250 match. That can take quite a bit of brokerage funds to meet, depending on how much dividends they pay out.
Apparently Plynk is owned by Fidelity.
We’ve added this to our list of Best Brokerage Bonuses – it’s mainly interesting if it ends up remaining for multiple years, we’ll have to see how this plays out.
Hat tip to reader snailrock
I guess my question is, why not use Plynk in long term? Like buy $30k in SCHD and hold it forever. SCHD has additional annual price growth of 5.5% while SGOV principle mostly remain the same over years.
plynk do not allow ACH initiated from an outside account. Plynk also has a 10k limit per day and can only do every other day.
First of all, I don’t have an answer for you. But assuming you are asking because you wanted to do the back and forth between SGOV and WEEK, you should just go for it and see what happens. There is one data point below that confirms you don’t need to hold SGOV for 30 days for the match. The worst that can happen is you get a match for SGOV but not for WEEK. I’m personally not going to do that just to avoid the extra trades I would have to document when filing tax.
I am thinking of buying a stock that goes ex-d on Sept 30. If I am understanding it right, I can count both the day of the purchase date and the ex-d date to calculate the 30 day holding requirement. PLYNK’s example is buying a stock on April 1 with an ex-d date of May 15. They consider this a 45 day hold. So, buying on Sept 1 would qualify?
Don’t want to be one, and doing just fine without one, thanks. Have a great weekend.
If you frame the problem to solve as getting $1k cumulative distributions as fast as possible: Because you can capture a full month’s (or week’s) distribution by holding the shares only on the record date, some strategic trading/choices can shorten the time it takes to achieve the bogey and free up the capital to be re-deployed. But the juice admittedly not worth the squeeze for most folks.
JAAA has a higher dividend than SGOV.
So, on May 1 with SGOV you would have $1,172 and a $500 bonus earned, and with WEEK, you’d have $1,000 and the same $500 bonus, or even $!,133 if you’d bothered with the additional two weeks of dividends you could have earned? Got it.
imho & fwiw – There’s a VERY SMALL difference if you’re planning to re-up in 2027, because of SGOV’s skipped January distrib. If you have $100k max to put into this, I think you will likely hit the $1k dividend match bogey about 3 wks sooner in the new year with WEEK vs SGOV. Assumptions: Share price of each fund avgs $100. Ignore divd reinvestment. Looking back, at what would have happened if you had bought 1000 sh on 1/2/2026: WEEK: cumul divds reached $1k with the 4/15/2026 distribution. SGOV: cumul divds first exceeded $1k with the 5/6/2026 distribution. (Actually $1172, vs prior month $874, so you could have dialed down the investment size in April, but you’d still have had to wait until May to hit the bogey.) Corrections & criticism welcome. PS. My thinking right now is to put my Plynk money in BINC for 2026, then shift to WEEK in January.
There is none. It’s a prime example of why you shouldn’t believe everything on the internet.
I see suggestions in putting funds in WEEK or SGOV. What is the advantage of buyiing WEEK? SGOV has slightly higher yield.
Do you need unfreeze your credit files to open a plynk account?
Does anyone know whether dividends from SPYI/QQQI (return of capital) qualify for this bonus? Thanks.
SPYI or QQQI might be good choices.
did you confirm that for SGOV it needs to be held for more than 30 days before the dividends become 50% boost eligible? I can see clearly from your awesome DP, that yes, there is no need to subscribe to Pro right away, can wait until closer to the first dividend eligible pay date. TIA
Actually after thinking about it some more, tuphat might be correct. I was assuming the December dividend would count toward the 2026 limit. Since Plynk would pay in January of 2027, the bonus for December might count toward the 2027 cap instead. It’s not completely clear from their terms but if that’s the case, you’d need $1000 dividend by the end of November to max this out for 2026.
Comments below said there should be no 30 days hold for SGOV. I have not seen any actual confirmation though.
Quoting Veerob: “That is incorrect. The next sentence applies to SGOV: “For mutual funds and ETFs that accrue daily interest and generally pay a dividend at the end of each month, there is no required holding period, and DBS will match on dividends paid subject to Offer terms.”
Terms and conditions say you must have bought and held 30 days before ex-dividend date for it to qualify.
I moved over 10k successfully, then tried to do another 10k. My account got restricted and I’m waiting for a response… I guess the joke was on me thinking I could invest with them more than pocket change.
oh that’s good news!!! thanks for sharing
I trust them exactly as much as I trust Fidelity, which is quite a lot.
You may or may not know: SGOV replicates 0-3m Treasury, not 6m.
WEEK is a ETF that basically has same profile, return etc as SGOV but pays distributions weekly.
None of the 3 you mentioned are available on Plynk as far as I can tell
ok thanks!
Since monthly payers don’t have to be held with the 30 day limit I am considering just vanilla HYG or FALN, which are junk bond ETFs (although not super junky like XCCC). But I am running into cash flow issues until my Robinhood and Webull lock ups end so may not end up pulling the trigger this year.
Am I missing why one would not sign up for Plynk Premium for $3.99/month? It gives 50% bonus up to $500 as well as a $125 cash boost on balances up to $25k. Annual max would be $625 for $48/yr for the same balance as this offer.
Presumably one could deposit $250k and get the maxed bonus within a couple months?
JEPI, JBBB, and JAAA all appear to be unavailable through Plynk. SGOV might be the best option for this if you are just looking to get a boosted return (VBIL also appears to be unavailable).